NIO: Technical Analysis: Timing the TradeThe best time to enter a trade is the time that the price reaches a daily high or daily low. Adjust your entry time as the market progresses. According to the stats of NIO:Up Trend If the price is up 1%+, the best time to trade is 6.5 hours before the market close. If the price is up 2%+, the best time to trade is 5.1 hours before the market close. If the price is up 3%+, the best time to trade is 3.1 hours before the market close. If the price is up 5%+, the best time to trade is between 2 and 1.9 hours before the market close.
Down Trend If the price is down 1% or more, the best time to trade is 6.5 hours before the market close. If the price is down 2% or more, the best time to trade is 7.1 hours before the market close. If the price is down 3% or more, the best time to trade is 4.9 hours before the market close. If the price is down 5% or more, the best time to trade is between 3.1 and 3.4 hours before the market close.
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